Mermaid Maritime Public Co Ltd 2021 AR2
The report outlines Mermaid Maritime Public Company Limited's operational and financial performance for the fiscal year 2021, highlighting its resilience amid the ongoing COVID-19 pandemic. The company achieved a revenue of USD 111.6 million, representing a significant increase from USD 83.8 million in 2020, and reduced its net loss to USD 15.7 million. Key strategic milestones included the expansion of its Cable and Flex Lay Division with the 50% acquisition of the Millennium 3 vessel and the establishment of a joint venture, ZeaQuest Co., Ltd., to develop subsea robotics and artificial intelligence. On the environmental front, the company successfully reduced its Scope 1 greenhouse gas emissions by 17% year-on-year through improved fuel efficiency.
Company: Mermaid Maritime Public Co Ltd
Sector: Mining & quarrying
Country: Thailand
Year: 2021
Type: AR2
Pages: 199
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Mermaid Maritime Public Co Ltd
Annual Report
The report outlines Mermaid Maritime Public Company Limited's operational and financial performance for the fiscal year 2021, highlighting its resilience amid the ongoing COVID-19 pandemic. The company achieved a revenue of USD 111.6 million, representing a significant increase from USD 83.8 million in 2020, and reduced its net loss to USD 15.7 million. Key strategic milestones included the expansion of its Cable and Flex Lay Division with the 50% acquisition of the Millennium 3 vessel and the establishment of a joint venture, ZeaQuest Co., Ltd., to develop subsea robotics and artificial intelligence. On the environmental front, the company successfully reduced its Scope 1 greenhouse gas emissions by 17% year-on-year through improved fuel efficiency.
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Document Details
Report Year
2021
Reporting Period
Jan 2021 - Dec 2021
Fiscal Year
2021
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Water Consumption
Total Waste
Women on Board
Women in Management
Workplace Fatalities
Employees